HomeMy WebLinkAbout1363 Pa,;e 1~
n~~.'i' I C LE ~"V
P~~;tt;j±:t ~~~~~.FT_iSAI.
~'he parties hereto }~ave a~ reed tlif~~ i,essee S~lU11Z~~1 :iEl~'E' the
;:ri ~r ri,~t~t to p2ir~;tiase the deiiiised pre.aises thr•~u ;liaut t'r~e ~ri`;irial
t~r:~i ~nd all extende~~l ter7:ls hereof on ~s favorable terms as Lessor
rla~:~ ~z~om tir.ie to time ~e ~~ri~lin=T to sell the sa.me to ~ third party
=~titii t;~~o«E-1~ the l~: ice at v~i_ic~~ Lessor r~af ~~,e ~rrillin~ to seil sha1.1
1~_:ss t;~an thut set ±'orth in aiiy- pur~;hase option or oUti~iis i~r a
si r.:~~'ic sur.l vr}:ich May e1se~:vY:er~e in i:i:is le~se ~e Yran~,f d~r~d then
av~i? a;~l.e t~ Lc.ssee, arid that ~iiiz~in~; sucii ori~ilial and ex~;ended terr,ls
:~~~rtoi' ~uc:~ ri~~~t o'_' rei~i5~ 1 i.~i l,essze sriould co-exist ~:i t~~ oth~:r
v.-(.1J,i~ :.:iii~ i'1`~~itS C0:7~~1:te~~ ~~~~i'::'1T1 ;Il-~_ ~iiJl.~l;~ ~P, COI1~,lIli.i111~~~ ~111~'
.'i~1 aV;i.i ~aUl.e ~0 Z,8SS8t,-' c~" u,~i: . ` , i,:'~,~: ili; I,E.'SSt7r' ..ii:i ::~iiJ' SUbSB
~,ue~~L Lessor ~iia11 ~e tivill~z~;.: . ~~id j;i~er:iises to ar~y thii~d
uaz°t~~. ~,ccordin~,ly, i.i~ trie e~~ ~ a~:. .~r s~~all receiv~ i rui,i a third
,~art~- at any time durin~; thc ori ~~i~al t~riu o~' i~his lease or anSr ex-
tF~r~s~on tnere~f a bona fid~ ~~fL'er ~o ;~~urc:;iase the sa.'td prer:~ises at
s~;ecil'ied price, w~~ether s~icn pi°ice be first fixed 'oy LesS:~r or the
?~i~ir~~: L dr~~ , and Lessor shal l:ieci~i~ t~~ sell the sai2e ~'or sL~. ch a~~r~i.int,
~,essoi~ shfzll ~ror~ptl~~ ~-ive to :+:~~ssee rioti.ce thereof aCCOr1E)c^zP.lE'~~ Uy an
uf'~'~davit settili~; out the f'ul:~ l;~:rrr,Ls of' suci~ offer anci oL I,es~oi~'s
~r,-i~linrness to se1.l foz~ t,l~e l~ric~: ofi'Pred, and Lessee sli~.11. iidvc tile
fii°st ref'usal and privile~~e (herein~fter referrec~ to as ai~ "o,~ :i:~n" )
o± pt~rchasin~ said pra~iises a.t such rri.~,e; s~_ich option ~o t~e e:tercised
tivithin ~'orty-five (45) dati~s aft,er Lessee z°eceives notic.E fl~,~r.~ Lessor,
, ~ L.essol ~._~at it .~1~ ~uz chase said ~i .,es i'o1~
Lessee's notifyin~P ° ~ „ ~ :
~he arlolint specified irl said o1 fei°. I.1 Lj~e event Lesse~ s'~.11 ~.~t
~°i,~ e Lessor not ice, vrithin sF~i c~ ~ ort~,--f ive (4 d.ay period; of its
elec~iotl to purc~~ase for tr~e a::~,~tzt.t ~pecified in said aifer, Lessee
shall not be obligated tu _„_:rci~~.:;::, ~.n~i Lessor may there~fter sell
said prer:~ises to the part~ :m~l-c;r~,• ~~id ofier, al^~a~~s subjeci, hotirever,
t:~ the provisior~s of t~~is i~;~.se ari~i to i:he 1f:asehold est~i;e h~r'ei_r,
mrarted, includin~; v~i thout li~ni ~ati or. Lessee ~ s ri~,ht to rcceive notice
and af.fic~avit of and to ~urc,.~:.e ~cc~rd:~n~~, to, the terras o~ an~, futlzre
b~r~a fide offer ~.cceptable t~; ti.e ;:~ien Lessor of the derlised pre:r:ises
and t~ an~- ~nd all other or ~~~~c~iti~~?ial ,~urchas~ or~tions, e~;tension
ol~t1UI15 azi~ to all rights ~ r~c~ ~~rivile,-~s o~' Lessee in tnis le~ se con-
tained. In t~.e event any sucri :~oi:N iire c~~~fer shall coti~er a tract
1ar~;er than but includiii~; tlie a~:;~.sed ~~~,~E~;~ises, Lessee's rir-;r.t of
refusal uncier this Article sh~.ll apply to such larger tract. Tf
Lessee shall fail to a~,rail itself of its pri~r r~i~i~t ta p~.~rchr~se such
laro~er tract whether or not Lessor sr~all thereafter se~l ~he same to
a third party, Lessee sha~ 1. nevertheless retair~ i.ts ri~~h~t to receive
iiotice arld affidavit cf, and prior ric,ht to purchase accorair~~, to,
the te»ms of any and a11 fut~ire or subsequent bona f_iae of~'ers :~Thich
may be acceptable to the tt.en Lessor o±' the demised prei:~ises.
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